
Lot 2 SW 161 TERRACE, NEWBERRY, FL, 32669
Active15 days on marketListed Aug 13, 2026MLS #OM730323
About this home
Lot 2 SW 161 TERRACE
Virtually Staged. RARE NEWBERRY DEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AVAILABLE! Positioned within one of Alachua County’s most desirable and rapidly growing corridors, this approximately 37-acre property offers an exceptional combination of scale, location, usability and residential development potential. The property has been preliminarily platted for an intimate community of ten approximately 3-acre homesites—an ideal setting for luxury residences, modern farmhouses or refined coastal and equestrian-inspired estates. The property’s highly advantageous RESIDENTIAL ZONING AND PRELIMINARY SITE PLANNING create an outstanding foundation for a builder or developer seeking to deliver a distinctive, low-density community with generous homesites, privacy and convenient access to everyday amenities. The acreage provides the opportunity to create something increasingly difficult to find: a thoughtfully designed residential neighborhood that feels spacious and secluded while remaining remarkably close to Gainesville. Located approximately one mile from shopping, only 10 minutes from Gainesville and convenient to the Town of Tioga, the University of Florida, UF Health, dining, entertainment and major commuter routes. This prime location places future homeowners near the region’s most important employment, educational, medical and lifestyle destinations without sacrificing the space and character of country living. Extremely rare OWNER FINANCING is available with excellent terms, creating added flexibility for acquisition and development. Whether envisioned as a collection of luxury custom homes, upscale family estates or an exclusive builder community, this property represents an unmatched opportunity to secure substantial residential acreage in the path of continued growth. Preliminary plat, conceptual home designs and supporting information are available. All development plans, homesite counts, uses and improvements are subject to governmental review and final approval. Buyers should independently verify zoning, density, utilities, access, environmental conditions and development requirements.
Facts & features
The home at a glance
37 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$14,896 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$14,896/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Newberry
Get to know Newberry. See the full Newberry guide →
NEWBERRY 32669 — neighborhood snapshot
Population
17,436
Median age
39.6
Median income
$102,335
Median home value
$308,000
Avg household
2.68
Households w/ children
2,180
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Newberry market
$343K → $335K
Newberry median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
Median sold price, Newberry, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 565% above the NEWBERRY 32669 median. See the full Newberry market guide →
Paper trail
This home's history
Reality check
What actually sold near Lot 2 SW 161 TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$247,000
1074 EMPORIA ROAD · same community
2 bd · 1 ba · 716 sqft · $345/sqft · 11 DOM
Sold · Dec ’25$130,000
5640 SW 57TH AVENUE · same community
2 bd · 1 ba · 756 sqft · $172/sqft · 78 DOM
Sold · Dec ’25$168,500
12860 SW 174TH STREET · same community
3 bd · 1 ba · 816 sqft · $206/sqft · 83 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Alek Cherrone
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about Lot 2 SW 161 TERRACE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for Lot 2 SW 161 TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Alek's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
Lot 2 SW 161 TERRACE FAQs
What would the monthly payment be for Lot 2 SW 161 TERRACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $14,896/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on Lot 2 SW 161 TERRACE?+
The most recent tax bill on record (2025) was $7,167. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Newberry?+
At $2,450,000, this home is listed about 529% above the Newberry median of $389,750. The market section on this page shows how the area is trending.
Which schools are assigned to Lot 2 SW 161 TERRACE?+
Meadowbrook Elementary School (elementary), Oak View Middle School (middle), Newberry High School (high) — Alachua County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of GAILEY ENTERPRISES REAL ESTATE · Rhonda Gailey. MLS #OM730323.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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